Deposit outflow at 550 mln in Oct, led by a decline in corporates
Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
S&P leaves Greece a notch away from investment grade as outlook blurs
Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
Yields rise, but Greek debt still partly shielded from market headwinds
Banks’ EFSF bonds QE eligible but with little impact on liquidity
A European Stability Mechanism (ESM) spokesman confirmed on Friday that the restrictions on outright selling of EFSF bonds held by Greek banks have been lifted.
This applies only for the participation of Greek banks’ EFSF bond holdings in ECB quantitative easing (QE) in the context of its Public Sector Purchase Programme (PSPP).
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